First, countries seeking help should make a formal request to the temporary European Financial Stability Facility or the (planned) permanent European Stability Mechanism.
If they have a choice, European officials would delay any bailout until the permanent European Stability Mechanism replaces the current temporary fund, the European Financial Stability Facility, later this year.
If the next presidency is to show true seriousness on reducing inequality as it has developed in recent generations in this country, a formal reform of the monetary system in the direction of permanent dollar stability will be required.